Sunday, 8 April 2012

Inflation in Pakistan

In Pakistan inflation in increasing day by day. In the reign of PPPP during last four years the rate of inflation has been accelerated at the alarming higher rates and the prices of daily household things are touching the peaks making the survival for not only poor people but also the middle class nearly impossible in this country. The prices of Oil are increasing every 30 or 15 days. The traders of oil are becoming millionaire and billionaire over nights. I never heard about mentionable decrease in oil price. Last time the Government increased oil prices for seven rupees and after many strikes they decreased only 2 rupees which is nothing as they are increasing the prices since long time ago and in this scenario all the political parties are accusing on each other and every one wants make himself prominent and doing nothing for the public. Due to rice in oil prices, price of all the things of usage increase, the transporters increase the fare on their own and just like this price of every thing increases.
Now lets take an overview of the situation of London, United Kingdom, where I am staying currently for the study purposes. I arrived during October, 2011 and bus fares increased just 10 pence from 1.20 to 1.30 in January2011 all over the London. In January2012, Transport for London again increased the bus fares only for 5 Pence from 1.30 to 1.35. In execution of this increment in fares they announce, a long time before about it and then they implement it also don’t increase any fares over the whole years. And approximately similar is the case with fares of trains. Such kind of situation is impossible in Pakistan where prices of everything keep on changing towards higher rates everyday until and unless an honest, loyal and sincere leader take the charge of government.

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